296-298 Summer Street,
Orange, NSW 2800
Offices • Other • Shops & Retail
Price information
Sale - Auction Tue 28 May
Contact Agent
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Partially Leased
Est. Incomep.a.
$425,442
Number of Tenants
21 Tenants
Auction
Private inspections
to arrange a private inspection.
Map of 296-298 Summer Street
Train stations within 5 km of 296-298 Summer Street, Orange, NSW 2800 Distance Orange Station 275 m Orange East Fork Station 1.8 km POWERED BY HERE ©Bus stops within 5 km of 296-298 Summer Street, Orange, NSW 2800 Distance Summer St Opp Robertson Park 130 m Peisley St Opp Orange Station 227 m Summer St Before Lords Pl 243 m Orange City Centre, Summer St 303 m Orange Station, Coach Bay 1 324 m POWERED BY HERE ©
POWERED BY HERE ©
Freestanding Multi Tenanted Commercial Office Building
McGrath Estate Agents Surry Hills is pleased to offer to the market 296-298 Summer Street, Orange for sale via Auction.
Orange is located in the Central Tablelands region of NSW approximately 255km west of Sydney CBD. Orange LGA has a population of 43,906 people and a city population of 42,351 people (2023). The ABS has identified that the population of Orange will increase to over 60,000 over the next decade)
Summer Street is Orange's main commercial thoroughfare comprising of retail shopping strip, three major shopping centres Orange City Centre, and commercial / entertainment precinct. The area is easily accessible via vehicle with ample on street and public car parks. Furthermore, by public bus services.
296-298 Summer Street is located between Peisley Street and McNamara Street. with a public car parking station at the rear accessible via Peisley Street., Orange is a regional hub for shopping, government, education, medical, business and food & wine, servicing well in excess of 150,000 people. The city has a strong reputation as holiday destination and is renowned for it's quality wine industry.
• This commercial property comprises of a building area of 1,928sqm* plus two balcony area of 107.58sqm* and a carport 109sqm*
• In the buildings current configuration it has a net lettable area of 1,755sqm* over four (4) levels including over the ground level with lift access to all levels, ducted air conditioning throughout the building and carpeted office areas.
• The building is currently 75%* leased to multiple tenancies from semi-government to superannuation organisations and private professional businesses from around NSW.
• The E2 Commercial Centre zoning boasts a range of commercial usages including office, entertainment, and retail operations.
• Current Annual Gross Income is $432,864* +GST
• Potential Annual Gross Income if fully leased $579,000* +GST
• Current Statutory Charges is $7,421.76*
* Approx.
To be sold by public auction 10:30am Tuesday 28th May 2024 at AuctionWorks Mezzanine Level, 50 Margaret Street, Sydney CBD
Orange is located in the Central Tablelands region of NSW approximately 255km west of Sydney CBD. Orange LGA has a population of 43,906 people and a city population of 42,351 people (2023). The ABS has identified that the population of Orange will increase to over 60,000 over the next decade)
Summer Street is Orange's main commercial thoroughfare comprising of retail shopping strip, three major shopping centres Orange City Centre, and commercial / entertainment precinct. The area is easily accessible via vehicle with ample on street and public car parks. Furthermore, by public bus services.
296-298 Summer Street is located between Peisley Street and McNamara Street. with a public car parking station at the rear accessible via Peisley Street., Orange is a regional hub for shopping, government, education, medical, business and food & wine, servicing well in excess of 150,000 people. The city has a strong reputation as holiday destination and is renowned for it's quality wine industry.
• This commercial property comprises of a building area of 1,928sqm* plus two balcony area of 107.58sqm* and a carport 109sqm*
• In the buildings current configuration it has a net lettable area of 1,755sqm* over four (4) levels including over the ground level with lift access to all levels, ducted air conditioning throughout the building and carpeted office areas.
• The building is currently 75%* leased to multiple tenancies from semi-government to superannuation organisations and private professional businesses from around NSW.
• The E2 Commercial Centre zoning boasts a range of commercial usages including office, entertainment, and retail operations.
• Current Annual Gross Income is $432,864* +GST
• Potential Annual Gross Income if fully leased $579,000* +GST
• Current Statutory Charges is $7,421.76*
* Approx.
To be sold by public auction 10:30am Tuesday 28th May 2024 at AuctionWorks Mezzanine Level, 50 Margaret Street, Sydney CBD
Property ID: 504578132Last Updated: 10 May 2024
McGrath - Surry Hills
148 Foveaux StSURRY HILLS, NSW 2010
296-298 Summer Street
Orange, NSW 2800
McGrath - Surry Hills148 Foveaux St
SURRY HILLS, NSW 2010
SURRY HILLS, NSW 2010
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